Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("Listing Regulations"), read with Part A of Schedule III thereto, as amended from ....
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Mr. Sarang Dinesh Likhitkar (DIN: 10986050) has resigned from the position of Non-Executive Director and Chief Financial Officer of IFL Enterprises Limited, effective September 2, 2025. The reason cited is pre-occupation with other commitments, with no other directorships disclosed. The company has not announced a replacement yet, and the disclosure was filed under SEBI Listing Regulations.
The simultaneous exit of a director and the CFO creates a key leadership gap, particularly on the financial side, which may raise short-term governance concerns for shareholders. The company will need to appoint a new CFO soon to remain compliant with KMP requirements under the Companies Act.